Category: GECs

  • YouTube ad revenue may rise by 50 per cent to $5.6bn

    YouTube ad revenue may rise by 50 per cent to $5.6bn

    MUMBAI: YouTube, the online video streaming giant, is growing than ever before. According to a new report by eMarketer, YouTube’s advertising revenue is expected to rise by more than 50 per cent to $5.6 billion in 2013, also posing a threat to traditional TV ads.

     

    The report by eMarketer claims that YouTube has become a huge favourite among advertisers and it will account for 11 per cent of advertising revenue at Google, YouTube’s parent. Earlier in May, Morgan Stanley predicted that YouTube’s gross revenue would reach $4 billion in 2013, while Barclays suggested a likely figure of $3.6 billion and Jefferies & Co’s $4.5 billion

     

    Google has not revealed YouTube’s earnings, but eMarketer research suggests that the search engine got a bargain when it paid $1.65 billion for the site in 2006. However, the streaming site does not keep all the advertising revenue as it has to pay a share to advertising partners and providers of content.

     

    Google’s public statistics for YouTube include the fact that the service attracts one billion people watching more than six billion hours of video a month, with 80 per cent of its traffic coming from outside the US, and 40 per cent of its viewing on mobile devices.

     

    Advertisers are keen to buy slots on YouTube because of its young audience, who prefer to watch TV programmes through their computers, tablets and mobile phones rather than conventional televisions.

     

    About 79 per cent of YouTube’s US ad revenue is from video advertising, with an estimated $850 million for the year. That would give it a 20.5 per cent share of the overall $4.15 billion US video ad market. eMarketer estimates that YouTube video-ad revenue would hit $1.22 billion in 2014, taking a 21.1 per cent share.

  • EFFIES 2013 achieves an all time high, with 419 entries

    EFFIES 2013 achieves an all time high, with 419 entries

    MUMBAI: The EFFIE 2013 awards in its 13 year history, has received the highest number of entries ever this year.

    Last year the Ad Club received 357 entries – the highest then. This year it has surpassed the tally with an impressive figure of 419.

    On the escalation, EFFIE 2013 committee chairman Ajay Kakar said: “A growth of about 20 per cent in the number of entries and participation of over 50 agencies shows the growing importance of ‘effectiveness’ of a marketing campaign and its direct impact on a business. In recent years, this has also been one of the key requirements of businesses from marketers and agencies. I am sure that this year we will witness a wide range of ideas that has created a lasting impact on brands across diverse categories.”

    The award showcases the most effective in marketing and advertising and it’s the only award which celebrates the success of not only the agencies but also the clients.

    From 2011, the Ad Club has conducted the judging of EFFIEs and EMVIEs in Delhi, in addition to Mumbai. This has helped the Ad Club to engage with a large marketing fraternity from Delhi also.

    This year Colors is the presenting sponsor and Zee Media Corporation Limited is the associate sponsor. Lenovo has also come on board as the technology sponsor.
    The ceremony is scheduled for 15 January 2014 at the Royal Western India Turf Club, Enclosure II, Mahalaxmi in Mumbai at 6:30 pm.

  • ViewSonic launches new monitors for gamers

    ViewSonic launches new monitors for gamers

    NEW DELHI: ViewSonic, a global provider of visual solution products, launched a new line of VX52 series, which includes the 23.6 inch (59.95cm viewable) VX2452mh and 23.8 inch (54.61cm viewable) VX2252mh.

     

    The VX52 series is built on the feature-set of our best selling VX50 series,” said ViewSonic Country Head India Girish Mamtani. The VX52 series features Full HD resolution and ClearMotiv II technology that delivers 2ms ultra-fast response times for blur-free, detailed images.

     

    The new monitors are paired with an ultra-high 50M:1 MEGA dynamic contrast ratio and dual built-in 2W stereo speakers, the VX52 series’ sharp, crisp colour performance and immersive sound make it perfect for extreme gaming and multimedia entertainment.

     

    The VX52 series altogether delivers a new ID with a more consistent polished bezel, which comes with HDMI connectivity and a VESA-mountable design, making the extravagance of gaming with uninterrupted entertainment convenient for our customers.

     

    The VX52 series also features ViewSonic’s proprietary Game Mode technology. Game Mode technology enhances visibility and detail by brightening the dark scenes of video games for the ultimate gaming experience.

  • Pioneer Channel Factory to set up live concert music channel

    Pioneer Channel Factory to set up live concert music channel

    NEW DELHI: A new premium quality international live concert channel is being launched early next year by Pioneer Channel Factory Limited which has been running the Bollywood music channel, MTunes HD for over two years.

     

    MTunes earlier tied up with Techzone to provide its digital platform for the channel’s content through SMS and CRBT services.

  • Hathway promotes Milind Karnik

    Hathway promotes Milind Karnik

    MUMBAI: For long, Hathway Cable & Datacom old-timer Milind Karnik has been mandated with running the cable TV MSO’s secretarial operations as company secretary. Now he has been given a new role: as the head of commercial – all India and also the western India head. Karnik has been with Hathway since 1998 and he has resigned from his earlier position to take up the post, Hathway informed the BSE on 6 December. Replacing him is Ajay Singh, who has been appointed as company secretary and compliance officer.

     

    Singh has an experience of 17 years. He has moved to Hathway from Real Networks India. Prior to this, Singh has worked with Drishtee Dot Com, Rangs Technologies and PACL India.

     

    While Karnik was already handling the commercial business in the western region, in his new role, he will be handling the all India commercial business for Hathway.

     

    “With digitisation, one needs to get the consumer billing and consumer application form in place for phase I and II respectively. This is a huge task. Also, in my new role, I will be working towards successfully completing phase III and phase IV of digitisation in western India,” informs Karnik, who plans to focus more on DAS phase III and IV now.

     

    Karnik will work with Hathway subsidiaries including Hathway Bhawani and Hathway Rajesh as well. He will serve on the GTPL Hathway board.

     

    Karnik will also handle commercial business in hotels which has a different tariff structure. “Hotels are still not digitised and so I will be concentrating on that as well.  We need to explain to the 3-Star and 5-Star properties where room base is 50 and above that digital feed is better than analogue,” he says.

     

    “In the case of hotels, we also aim to focus on pay per view, which is a niche segment. That apart, I will be dealing with internet bandwidth in the commercial segment,” he concludes.

  • Govt. asks Union Ministries, PSUs to give preference to BSNL, MTNL

    Govt. asks Union Ministries, PSUs to give preference to BSNL, MTNL

    NEW DELHI: The government has proposed that union ministries, public sector undertakings and autonomous bodies give preference to the services of the state-run telecom operators – BSNL and MTNL.

     

    Proposing preferential treatment to BSNL and MTNL services in Central Government Ministries/Central Government public sector undertakings and autonomous bodies to enhance the revenues earned by BSNL and MTNL,” Minister of State for Communications and IT Killi Kruparani said in a written reply to the Rajya Sabha.

     

    She said the government had constituted a group of ministers (GoM) on April 17, 2013 to recommend short term, medium term and long term measures for revival and revitalisation of BSNL and MTNL.

     

    In a separate query, Kruparani said BSNL suffered a loss of Rs 7,884 crore in 2012-13 whereas MTNL’s losses stood at Rs 5,321 crore in the same period.

     

    “The principal reasons for the rising losses of BSNL and MTNL are due to sharp decline in revenue and increase in expenditure,” she said.

  • Sony Music Entertainment to represent Warner Music Group in India and SAARC countries

    Sony Music Entertainment to represent Warner Music Group in India and SAARC countries

    MUMBAI: Sony Music Entertainment India and Warner Music Group have announced a strategic licence deal for Sony Music to represent Warner Music’s legendary recording artists’ releases and labels in India, Sri Lanka and the other SAARC countries.

     

    It was only a few months ago, in July 2013, that Warner acquired Parlophone Label Group. The combined catalogue is amongst the largest globally and encompasses a roster of some of the world’s most celebrated and popular artists and recordings.

     

    Sony Music Chairman and CEO Australia & New Zealand and President, Asia Denis Handlin said in a release: “We are delighted to represent Warner’s music catalogue for the Indian and SAARC market. This is one of the fastest growing and exciting music markets in the world and India in particular has huge digital market opportunities. We have great plans to ensure that Warner Music’s remarkable catalogue reaches out to the vast array of existing and emerging music fans in that region.”

     

    Sony Music president India and Middle East, Shridhar Subramaniam said: “We are very excited with this opportunity and are committed to aggressively push the Warner catalogue and new releases.  Through the combined strength of the two companies’ music, we are well positioned to grow the increasing demand for International music in India.”

     

    The Warner Music catalogue includes some of the world legends from the music industry, and contemporary greats like Eric Clapton, The Eagles, Green Day,  Pink Floyd, The Doors, Madonna, Coldplay, Led Zeppelin, Linkin Park, Red Hot Chili Peppers, Nickelback, Kylie Minogue, Michael Bublé and Bruno Mars among many others.

  • Lavneesh Gupta appointed as RBNL’s COO for its TV biz

    Lavneesh Gupta appointed as RBNL’s COO for its TV biz

    MUMBAI: It seems Reliance Broadcast Network Ltd (RBNL) wants to really take its television business a notch higher. The company today announced a key appointment at the top level. Lavneesh Gupta has been brought on board as the Chief Operating Officer (COO) for RBNL’s television business. As part of his new portfolio, Gupta will be responsible for building on consumer insights to create robust content and marketing strategies and drive channel performance. He will report to Tarun Katial, CEO of Reliance Broadcast Network.

    Gupta is an alumnus of IIT and over the last 16 years has worked across leading brands in the BFSI industry including Standard Chartered Bank, ABN AMRO and Tata AIG to Max Life and IndusInd Bank. He is excited about his new innings in the Media and Entertainment (M&E) industry. He believes that the industry will grow at a good pace in terms of its Compound Annual Growth Rate during the next few years and there will be ample opportunities for learning and growth.

    Prior to joining RBNL, Gupta was working with IndusInd Bank as executive vice president & head, Bancassurance and New Branch Distribution. He was responsible for the life and general insurance revenues across 500 branch outlets and the overall P&L of 150 new branches, which were launched during the last financial year.

     

    On his appointment at RBNL, Gupta said, “RBNL is among India’s most vibrantly growing organisations and I am excited about my new role here. The company has an exceptional potential for growth and I look forward to working with the team at RBNL to make this vision a reality.”

    RBNL CEO Katial too is very happy to have got somebody with such a good experience. He said, “Lavneesh’s vast experience and in-depth market understanding makes him an asset to the organisation. We are happy to have him on board and are confident of him leading the television business through the next growth phase.”

  • Tag Heuer on the race track

    Tag Heuer on the race track

    MUMBAI: It is the market leader when it comes to watches and chronographs and TAG Heuer continues to celebrate its success. The brand as a part of the celebration of ‘50th Anniversary of Carrera’ launched the Carrera Calibre 1887, ‘Jack Heuer Special Edition’.

    Launched in the 1960s, the avant-garde Carrera series was created by Jack Heuer, great grandson of the brand’s founder, for race car drivers and motor racing enthusiasts and his passion for racing has seen this collection grow and evolve over the last 50 years.
    MAM-2 SRK sharing a light moment with Franck Dardenne, GM , TAG Heuer India

    TAG Heuer Brand Ambassadors Shah Rukh Khan and Karun Chandhok unveiled the TAG Heuer Carrera Calibre 1887 Chronograph – Jack Heuer Special Edition, a tribute to honorary chairman Jack Heuer.

    Since 2013 marks the end of Jack Heuer’s journey with TAG Heuer, he has helped create a special edition Carrera timepiece – the TAG Heuer Carrera Calibre 1887 – Jack Heuer Edition, for this special occasion.

  • MTV gears up to spread election fever

    MTV gears up to spread election fever

    MUMBAI: For all those youngsters who are rather vocal about their disenchantment with the present administration but fail to exercise their right to vote, MTV is all set to drive political awareness and the need to vote among the country’s youth.

    ‘MTV Rock the Vote’, sponsored by Hero, sounds a wake-up call for all those above 18 years of age who have their own opinion to express. With India poised for general elections, there couldn’t have been a better time for MTV to launch the campaign in partnership with Rock the Vote, a US-based non profit, non partisan organisation founded 21 years ago which pushes political awareness among youth in USA, Canada and Chile.

    MTV India, EVP and business head Aditya Swamy says: “Apart from playing a huge role in pop culture, MTV has always led young people in the area of social activism. Young people have the power more than ever to make a difference. Hero MTV Rock the Vote is a movement that aims to make young people aware of this power, and to act on their right to be heard. Our partnership with Hero is truly special as both brands are genuinely committed to working with the youth to build an even more incredible India.”

    Having registered over five million young people to vote, Rock the Vote has become a trusted source of voting information for young people.

    Rock the Vote USA president Heather Smith says: “Rock the Vote is thrilled to be partnering with MTV India in this effort to encourage young people to get engaged in the upcoming elections. Rock the Vote has a long standing history with MTV and has worked to elevate the voice and concerns of young people in the United States for over 20 years. We are excited to bring this partnership to India to ensure that young people in this country are being heard by those they elect.”

    Young people have the power more than ever to make a difference, says Aditya Swamy

    MTV India head – marketing, media and insights, Sumeli Chatterjee believes youngsters today are very vocal and expressive and have a very strong point of view on things happening around them. “If they see something and are influenced by certain trends, they talk it out in social media,” she says. “Look at MTV, the way we are positioned, we entertain, we lead, we educate the youngsters about the trends that are happening across the world. We have launched this campaign to further educate people to vote in India, to further believe that you have the power to vote and bring about a change in India.”

    Apparently, the findings of a survey conducted by MTV include:

    ·  In 2014, 12 crore first-time voters will be eligible to vote, which is more than the votes won by any party during the last election.

    ·  While 32 per cent of the Indian electorate is under 30 years of age, less than 12 per cent voted during the last election.

    ·  While 97 per cent of youth agree they can bring about a change in the society, only 15 per cent claim they have a say in choosing the government

    Rocking the boat
    With a cheeky tagline that reads ‘Dabao na… button’, ‘MTV Rock the Vote’ puns on the voting button to urge first time voters to cast their vote.

    The channel has launched a series of hard-hitting, satirical five short films that re-emphasise on the need to vote; the first of which was aired on 6 December on the website  http://mtv.in.com/rockthevote/  and on Facebook and Twitter with hashtag #RockTheVote. Plans are afoot to release a new short film every Friday online and on the following Monday from 7am onwards on MTV and will be played almost every hour. 

    All the films and creatives are done by MTV’s in-house team. The funny creatives include: ‘Aur Khilao Suar ke bachon ko’, ‘You could either hand it over or show them the finger’ and ‘Sharing an ice-cream is cool but only when you can afford it’ among others.

    Sumeli Chatterjee believes youngsters today are very vocal and expressive

    Explains Chatterjee: “We will be discussing issues that are strictly confronts the youth and what is affecting their life – corruption being one. If freedom and social media is one thing that they want in India, we will discuss that. If we are saying women’s security really affects them, then we will discuss that.”

    But how is the campaign different from other election-based ad message? “If you look at our campaign and the whole movement, we have built it on three pillars of popular youth culture – Bollywood, music and humour. Humour is something which is weaving the entire campaign together,” replies Chatterjee.

    In the coming weeks, MTV plans to take its “vote” message across multiple cities through college festivals, concerts and panel discussions with policy makers. The target: 300 colleges nationwide.

    “Music is something that really brings this youth community together.  We are creating a music video with Yo Yo Honey Singh which will be released early next year and will be about the issues that the youth face. It will be out the whole power of youth coming together. They can decide the future of the nation; they can come in and vote together,” says Chatterjee.

    ‘MTV Rock the Vote’ will run till the end of the general elections 2014 and even after that. “This is the campaign which has been created only to ensure that the youth community is conversing about elections, conversing about the biggest thing that is happening next year and participating in it,” says Chatterjee.

    “The communication at this stage is focused on urging the youth to register for voting; we are telling them that it is the only way you can actually go and cast your vote. Closer to the date when the general elections are on, it will be a reminder to vote, and after the elections, it will be a gratification for all those who have actually fulfilled their responsibility and gone and voted.”

    As part of the initiative, MTV plans to host a series of panel discussions with the youth on one side and spokespersons from political parties on the other. But it will have a fun flavour to it, according to Chatterjee, who says: “This is going to be fun. It is going to be light-hearted, a very informal way because that is the younger way of discussing issues. However, at the core it is essentially a very serious discussion where we are saying that these are the issues that are given by the youth, can we find answers.”

    Youth icons Rannvijay Singh and Yo Yo Honey Singh will encourage the youth to go to their nearest voting booths and vote through a music anthem. This will be a crowd-sourced music video, and will imbibe the essence of the initiative. Many celebs have come on board as supporters. The channel hopes that rock the vote initiative will serve as a call to action. Will the fickle youth respond?